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In 1967, Russell Ackoff presented a classical analysis of misinformation in management (Ackoff's Management Misinformation Systems, Case 1-1, pg. 21 of the text). Now, you need to fast-forward to the present. After reading the case, craft your own version of misinformation in management by developing five (5) key incorrect assumptions that management makes about its accounting information systems.
For this assignment, research the Internet or Strayer databases for information related to improper assumptions concerning accounting information systems.
Write a five to seven (5-7) page paper in which you:
How much profit or loss, if any, does Shawna realize on the transfer? Does Shawna recognize any profit or loss? If so, how much? What is Shawna's basis in her LLC interest?
Determine by what percentage revenue is expected to increase and develop costing for the product units to explain the manufacturing expenses that the proposed product will require in the first year of production.
Prepare an Excel format to show how you are evaluating things. Provide detailed information of profitability by product and for year. Then make precise recommendations with financial projections.
Show the effects of recognizing the NSF check on the financial statements by recording the appropriate amounts in a horizontal statements model
Effect of exchange rate changes on cash and cash
Write the consolidated financial statements for Company
Evaluate the machine capability
Evaluate the price if a markup of 40% on total cost is used to determine the price
What kind of pension plan does M&S provide its employees and what was M&S's pension expense for 2009 and 2010?
Does your support department give significant support to other support departments, and does it receive important support from other support departments?
As the company accountant you must give the necessary information to support your recommendation to Board of Directors.
Determine the basic and diluted earnings per share values for year ending 31 st December, 2011. Austin has compiled the information given below.
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